BlackLine voted best software optimization and automation of … – Finyear (finance, blockchain, innovation)

The Software & amp; Technology Awards, presented in early January by Corporate America News, a US IT magazine for professionals, designed to reward companies that bring their experience and determination to push the boundaries of technology in business, in service to their industry.

BlackLine, leading automation solutions and optimization of accounting processes to the cloud, today announced that its suite Finance Controls and Automation was elected best optimization software and automation of financial control (EFCA – Enhanced Finance Control and Automation) in 2015 on the occasion of the latest Software & amp; Technology Awards.

The acronym EFCA means solutions that optimize financial processes and controls within financial and accounting departments of companies. According to a global study conducted by Gartner, these technologies meet the most specific concerns financial and financial corporate governance. They have now extended beyond financial close management process and now include features not present in the current systems of Enterprise Resource Planning (ERP) and Corporate Performance Management (CPM). In a report published in 2014, Gartner was already BlackLine a “EFCA software provider leading”

About BlackLine

BlackLine is the market leader in automation and optimization solutions for financial control, and the only provider of unified cloud solution managing the entire process of closing and publication of financial results. The EFCA platform enables medium and large companies to produce more accurate and reliable financial reporting, improve their performance and increase their visibility on their financial and accounting processes. It offers customers the opportunity to abandon their obsolete process and dispense with mono-functional solutions to adopt a model “Continuous Accounting”. This approach integrates the real-time automation, controls and tasks related to the closing are performed on daily activities, allowing greater flexibility in the agenda of the accounting function to better reflect the overall activity.

Delivered via a highly secure and scalable cloud model constructed from a single source code, BlackLine platform supports many key accounting and financial processes, including financial close, reconciliations of accounts and accounting intercompany, building trust across the entire financial and accounting cycle. Through its cloud analysis software, BlackLine Insights, DAF can access real-time data to analyze and compare the effectiveness and performance of their teams. The software uses aggregated and anonymized data collected in real time from BlackLine of customers.

In a complex business context, transaction volumes and stringent regulatory requirements, the platform BlackLine offers an ideal solution to transform and modernize critical financial and accounting processes, and with precision automation and transparency. More than 125,000 users and 1,300 companies in nearly 100 countries rely on BlackLine to increase productivity and raise their accounting functions and compliance controls to the status of “Modern Finance”.

BlackLine positions itself as an agile solution complementing the Corporate Performance Management Systems (CPM), Governance Risk & amp; Compliance (GRC) and Enterprise Resource Planning (ERP). The offer BlackLine Financial Close Suite for SAP® Solutions is a solution endorsed by SAP, as just under 40 other software offerings. BlackLine also Gold Partner SAP Gold Partner of Oracle, NetSuite and also participates in partnership programs and other ERP vendors.

The head office of the company is located in Los Angeles, and subsidiaries are located in the cities of Atlanta, Chicago, London, Melbourne, New York City, Paris, Sydney and Vancouver.